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Replying to Avatar Cyph3rp9nk

How can I trust Bitcoiners who don't even realize the US's stablecoin ploy?

It's so easy.

John buys USDT > Tether those dollars Invests in US bonds and earns a return > US finances itself

John gets a worthless currency and inflation in return, a lose-lose situation for John.

The Trump administration is only using Bitcoin to promote itself, making you believe it's pro-Bitcoin, but they simply have to shoehorn that narrative in to make stablecoins the standard because they've found the goose that lays the golden eggs to finance themselves.

What better way than to extend the use of the dollar to every corner of the world? Seriously, you guys are delusional.

There are even Bitcoiners who are in favor of stablecoins, which are useful, but fucking retarded, why do you want a stablecoin when you have Lightning and Bitcoin is at a minimum in terms of volatility?

ed
ede3d957... 3mo ago

Stablecoins are shitcoins. Promoted first by "Bitcoiners" like Adam Back via his Blockstream - ifinex connection.

Real Bitcoiners failed reaching the people and making clear that Bitcoin is foremost an alternative currency that is meant to be used.

They fell for Adam Backs "bitcoin gold" pivot and the later pumping by the fiat money printer.

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